The Shift of Population from the Rust Belt in the North

question 51

Multiple Choice

The shift of population from the Rust Belt in the North to the Sun Belt in the South and Southwest will likely

• A) decrease national cultural identity.
• B) reduce regional cultural differences.
• C) make it difficult to collect demographic information.
• D) create a demand for a new generational cohort.
• E) make it more difficult for companies to differentiate their products.

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Definitions:

Marginal Benefit

The additional satisfaction or value gained from consuming or producing one more unit of a good or service.

Marginal Cost

The cost added by producing one additional unit of a product or service.

Marginal Analysis

An examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.

Additional Costs

Expenses that are not initially planned or anticipated, which can arise during the course of a project or as part of an operation.